The Five Internet Companies, Apple Inc., Google Inc., Facebook Inc., Amazon.com Inc. and eBay Inc. are accused of UK Tax dodging. The money owed to the exchequer is known by the officials as the tax Gap has grown to an epiphora of 35 billion HM Revenue and Customs has admitted.
Amazon.com Inc. an online retail giant is on hiring binge to cope well with the online order and its deliveries during the seasonal demand. This online retailer which started as an online book store and now known as the largest electronic commerce retailer.
Amazon.com Inc. saw an increase in the fourth quarter earnings as revenues climbed by more than 20 percent during the holiday shopping season while the profits dropped as much as 45 percent.
The holiday shopping season is approaching slowly to its end, but Amazon.com Inc. does not want to back down. The company has announced a new service Kindle FreeTime Unlimited which is designed to be kid-friendly. The company decided to introduce the service which is dedicated mainly to 3-8 year olds.
According to sources familiar with the situation, the regulators of the European Union are all set to put an end to the antitrust probe on the prices of e-books by agreeing to the offer of Apple Inc. and also other publishers in order to loosen the price restrictions set on Amazon.com Inc.
Amazon.com Inc. informed that it would hire over 50.000 temporary workers at its order-fulfillment centers across the United States for the upcoming holiday shopping season. The company, which employs approximately 20,000 workers, wants to place its new temporary workers at its 40 order-fulfillment centers across the Unites States. Amazon.com Inc, the Seattle-based company, expects to thousands of those temporary workers to stay on full-time after the holiday shopping season.
Online mega retailer, Amazon.com Inc., is projected to unveil a brand new Amazon tablet this Thursday. This could be the latest attempt by the company to gain control over the market in the ensuing struggle for domination of portable access to the World Wide Web. They think that Amazon is required to have gadgets that can allow consumers to buy and enjoy digital content.